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20131202
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Search Results 0 to 49 of about 110 (some duplicates have been removed)
Bloomberg
Dec 6, 2013 4:00am EST
policy finally sorted out which is very positive for the world economy as well. there seems to be the argument -- they are talking that the normal , he ise of unemployment looking at that and going, we can fix that. we cannot better paid jobs, more jobs, we can change the dynamic through innovation and thinking about the problems that we face. how realistic is that? do with the unemployed men story on both sides of the atlantic? >> i am having lunch with larry today. i will carry on afterwards with him. if i could just revert to the ec1 investing enough. investing has been very poor. we are sitting on huge amounts of money. ins of people want to invest u.k. plc. the announcement earlier in the week, opening the doors to create higher-paying jobs. we are creating very poorly paid jobs. we have to create higher-paying jobs here in the u.k. and create real economic growth. the u.s. has a similar problem. wages haven't risen for over 20 years. we have been doing something's wrong. of investmentck in infrastructure and other areas. we have exported to much of our capital expendit
Al Jazeera America
Dec 7, 2013 2:00am EST
front. more companies are hiring and the economy shows signs of a rebound. >> hello, welcome to al jazeera america. i'm morgan radford, live in new york city. >> an american war veteran detained in north korea is on his way back to the united states. merrill newman departed beijing airport about 15 minutes ago, headed for his home in san francisco. he'd been held in north korea since late october. officials said they released newman on humanitarian grounds and for apologising for crimes committed during the korean war. he spoke to reporters before leaving beijing. >> i'm glad to be coming home. >> melissa chan has more. >> great news that merrill newman has been freed. you can well imagine how distraught his family has been. he's missed thanksgiving, but will be home in time for the holidays. we hear that merrill newman was part of a special unit called the white tigers. military intelligence stole secrets - we didn't know about the group until the 1990s. so from the north korean perspective they consider merrill newman, even though he's advanced in age, a serious enemy. from the n
Bloomberg
Dec 6, 2013 6:00am EST
. considerable fiscal constraints. we're going to see environment -- it will allow for the underlying economy to look stronger. >> the bloomberg political analyst is with us -- sequestration in 2014 is different for him last year. >> they realize -- both sides realize they made a huge mistake. interesting point to me, we had a stock market high. we have housing rates out. we have more millionaires and billionaires. you have all of this data and then you have 75% of the country saying we are on the wrong track. >> will that look like going forward when you deal with the restructuring of fannie and freddie? will we see tightening standards and will that hurt the economy even more? >> i think that is one of the challenges. there are lasting scars. we will continue to see regulatory changes and adjustments. one of those is in the mortgage market. >> can i get a mortgage in 2014? doesn't change the radically that i cannot the mortgage? >> we could see some listening, but when we look back, it will look fundamentally different than what we had during the bubble. >> let's look at today's jobs report
CSPAN
Dec 5, 2013 6:00am EST
values and commitments. and if we refocus our energies on building an economy that grows for everybody, and gives every child in this country a fair chance at success, then i remain confident that the future still looks brighter than the past, and that the best days for this country we love are still ahead. [applause] thank you, everybody. god bless you. god bless america. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> house speaker john boehner criticized democrats and president obama yesterday for failing to pass legislation to create jobs and grow the economy. here is what he said on the house floor. the house for one minute. the speaker pro tempore: the gentleman is recognized for one minute. the speaker: mr. speaker, the american people work hard and they've got a right to expect their elected representatives to do the same. house republicans are listening. to date the house has passed nearly 150 bills this congress that the united states senate has failed to act on. many of them would help our economy
PBS
Dec 9, 2013 6:30am PST
powerful man in the states janice on the attack was sacked from his managing the economy. corruption womanizing and drug taking what analysts say it's one of the biggest the peebles has the government since the death of the former leader kim jong il in two thousand the mountains. now to violent scenes from a football match result two people have been seriously injured in a violent brawl that broke out between fans images were broadcast live to millions of homes are likely to raise questions about the country's ability to keep them safe during next year's world cup after clifford reports. i see no conflict because players green knight's tale. minutes later the cd and descended into chaos. it is time to teach other and began to lose grind the beans and some of the idea contest this repeatedly and can't. riot police fired pepper pilates and tear gas into the riots the helicopter ride to treat the insurance. the plaintiff was already being punished for sundial in several months ago. it will finance the series to brazil this year raising concerns for the country's image ahead of the world
CNBC
Dec 6, 2013 6:00am EST
:30 eastern time. a dow jones survey finds that the economy probably added 180,000 jobs last month. the unemployment rate is seen slipping 7.2%. we'll talk more about market expectations in just a few minutes, but we begin this morning with our top story. nelson mandela spent 27 years in prison, led his country to democracy and became its first black president. he died at home yesterday at the age of 95. chris takes a look at mandela's life and legacy. >> history books will remember nelson mandela as one of the world' most prominent crusaders for black rights, the son of an african tribal chief, nelson mandela gave up a comfortable life and his hereditary lights to be a tribal leader to become a political activist in the fight against apartheid. the system of white rule over the majority black population. >> to feel that it is for us to continue talking nonviolence and peace. >> he was jailed for organizing demonstrations as well as treason and sabotage. he spent 27 years behind bars, but his jailing fueled the fires of freedom. his plight became an international symbol of oppressi
Al Jazeera America
Dec 6, 2013 11:00pm EST
to the economy an-for-a change so many good news. the november's job's report shows the unemployment rate fell to an all time low. the u.s. economy gained moore jomorejobs than expected. and the gains are wide spread in low and high conditions. it's i something that is key to today's economic news. >> i always kind a reason to find i this report shea shairky. the unemployment rate is down and we have created 200,000 jobs every month but a quarter of the jobs were higher payin paying j6 an hour or more. that is what wei we are concernd about. 1:5 is still low paying. that is part 69 problem. >> of the problem. it's not gang busters and teabs noit'snot a raw numbers thing. sgenerally speaking the qawl quy of jobs is higher. >> at first glance it would appear it's a big deal, but is it? world gets ou obsessed with the unemployment rate. >> i couldn't care less. that number measures a group of people in a changing group of larkehearingerlarger people. i do don't care about that number. more than 150,000 joan because that is the number of more people that come into the work force every month than
CSPAN
Dec 4, 2013 10:00am EST
, subsequent roads, transit and water investments helped fuel our economy and tie the nation together. more recently, the failure to address long-term funding has also been bipartisan. the bush administration ignored strong recommendations from their own private sector experts that they impaneled to give advice. although the obama administration did request and employ some modest funding in the recovery act and has proposed an infrastructure bank and talked extensively and i think sincerely about the need for investment, what has been lacking has been a specific concrete proposal from either party to address infrastructure financing in america. while the political maneuvering has secured here in washington, the gap in the highway trust fund has been growing and conditions of our roads, bridges and transit systems have been deteriorating. this puts america at a competitive disadvantage, complicates the movement of goods and people and contributes to congestion and pollution. at the same time, the needs grow, the resources are in significant decline. the gas tax has not been increased since t
Bloomberg
Dec 6, 2013 3:00pm EST
and for monday. 203,000 jobs being added to the economy. exciting to see. great news. >> 7% unemployment. >> yes, americans back to work. forcee labor participation went up meaning more people are being counted. that's been a big concern, that just falling off. >> all reason to cheer. and market likes it. >> market loves it. they mightd think get nervous because it might mean tapered sooner rather than december.n as soon as >> right. >> nonetheless, higher. >> good news is good news. let's go to the big picture. will show you the three charts you've got to see. the dow industrial up 183 points. up 1.2%. we were up about 193 points a few minutes ago. slightly off the highs but still vague very good day. thewe're making up for ground we lost in the preceding five days. will this is curious. spike up early this morning up to 2.93 and back were.re we you're wondering whether the taper is priced in. >> could be. >> yup. at about -- >> good is good. >> means good is good. i like it. story., by the way, same it's call it flat. it's only up 29 cents. oil is up 6% in one week. begin to think maybe this t
FOX Business
Dec 9, 2013 4:00pm EST
, the idea was that was the preamble, the first chapter of taper and what we saw that the economy actually did quite fine. job creation stayed at 175 to 200 level. maybe we had a little shift around in the complexion of the economy and housing took a bit of a dip but actually closing and contracts we saw coming to market particularly in the middle part of the real estate market continued pays. what they were doing in terms of setting the table for the real taper that is due to happen later this week or in january, actually seems not to affect the economy as much and market seems fine with it. cheryl: okay, jamie, lincoln just said it, the taper that could possibly happen next week. there has been more of a chorus of analysts and traders, investors like yourself saying hey, look if the data is there for the december meeting we'll see a taper but the market may not be ready for that. they're thinking march or january. what happens? >> well, i think the market is actually more ready for taper than people get it credit for. we got a preview what it will look like. one of the things that people
Al Jazeera America
Dec 6, 2013 4:00pm EST
to the latest news of the day. jobs and the economy, we have the details. patricia, good to see you. this is a much better than expected jobs report. >> it was tin deed much better. but the numbers were encouraging, and there was reason to be cautious. >> reporter: the economy shows signs of improvement. lowering the unemployment rate to 7%. there was a healthy bump in higher paying manufacturing and construction. the numbers indicate the economic recover is gaining strength. >> we've had 45 consecutive months. >> while encouraging, there is still a long way to go. >> the economy will have to create between 200,000 to 225,000 jobs per month for the next couple of years. >> reporter: that may be difficult to achieve. the recovery is still on shaky ground with small businesses seeing a slow down for the year. that's significant because those businesses create two-thirds of new jobs. particularly hard hit has been the retail sector. despite slashing prices and opening their doors thanksgiving day retailers posted disappointing sales in november. >> you have a vicious circle if úpeople
MSNBC
Dec 4, 2013 10:00pm PST
is the economy. >> the economy remains the single biggest concern. >> washington consistently failed to act. >> these asperities have become too big to ignore. >> making an action across the board. >> raising minimum wage, assistance to the long-term unemployed. something of a warning call to the american dream. >> it is not simply a moral claim. >> it's rooted in the personal. >> so we can make a difference on this. >> there are 19 shopping days to find health insurance on the government exchange. 29,000 people reportedly completed the application and selected a health plan on the federal exchange on sunday and monday but we don't exactly know how many of them completed the purchase and have paid their first premium. today, president obama told young supporters at the affordable care act youth summit how they can help make health care reform a success. >> the truth is, that for your friends and family, the most important source of information is not going to be me. it's going to be you. they are going to trust you if you're taking them on a website, walking them through it, saying, look, a
CNBC
Dec 5, 2013 3:00pm EST
in this economy? >> it does. you can see the headline number was stronger than many of us had expected. even as far as mcquarry goes as well. a lot of that was an inventory buildup. that's really great for the third quarter. that puts in some head winds for the fourth quarter. mcquarry believes you could have fourth quarter gdp as low as .8%. much lower than consensus. so, i mean, it's good for third quarter. not so good for fourth quarter. that doesn't bode well going into the end of the year. >> sam stovall, we've now that three days, potentially four days of losses to start off the month. extremely rare at least in recent history. i think this is the first time since june 2011 we've seen such a stretch. is that the kind of information people should trade off, though, or is it just statistical noise? >> i think it's noise right now. really it's only four days. the thought is they're doing this in advance of tomorrow's employment data with the worry being that the fed will likely start their tapering program this month rather than wait until march. our expectation has been that they would d
CNBC
Dec 6, 2013 9:00am EST
remember this is an asymmetric economy and we have keep our eyes on the bottom half. >> it suggests the economy is doing better, even in the face of headwinds and moves us closer to the fed's threshold number. we may get there quicker than we expect. >> thank you for joining us. it's time for "squawk on the street." >> 203,000 jobs added in november. a jobs report headed in the right direction. i'm carl quintanilla with jim cramer. david faber is off. the 10-year yield within about 10 basis points or so of that 3% at least earlier this morning and europe is worth watching as well. looking at the jobs number, as we said, 203,000 non-farm jobs added last month, forecasts calling for about a gain of 180,000. the unemployment rate down 0.3% to 7%, the lowest level in exactly five years. the question is whether or not the fed will scale back its bond purchasing program when the central bank meets later this month. jim, whether it was u-6, the workers, the wages, there's not a lot to quibble with in this one. >> i was most concerned about an even bigger number. this is kind of good. it wa
PBS
Dec 6, 2013 3:00pm PST
the jobs front about a divide in the u.s. economy: the labor market seems to be getting stronger once again. yet for many on the lower end of the income ladder, the big gap in wages is sparking a budding movement. we begin with economics correspondent paul solman on the unemployment rate's drop to a five-year low, even as many jobless americans face more difficult times ahead. the story is part of paul's coverage on making sense of financial news. >> reporter: the latest snapshot of the nation's jobs situation-- showing 203,000 positions added in november, and a jobless rate of 7% was even rosier than anticipated. we asked northeastern university economist barry bluestone what he made of the numbers. >> on balance this was a good report today. over 200,000 people are back to work. we've brought the unemployment rate down from 7.3% to 7%. that's all good news. of course many of those were federal employees coming back to work after furlough, but we had some good news about manufacturing employment, construction employment, pretty much across the board. so in general this is good news plus o
MSNBC
Dec 6, 2013 6:00am PST
? >> describe the state of how you see the south african economy and the relationship between the united states and this current south african government. >> it's a dynamic moment in the relationship, chuck. you know that the fastest growing economies on the globe are in africa. south africa is the economy that has been stagnant over the course of the last few years following the recession that all of us are struggling to recover from. i will tell you that over 600 american countries on the ground here in south africa are bullish and optimistic about the future here spent a lot of time talking to both investors and young people who were entering the job market here and they are optimistic about the opportunities, but they know there real challenges particularly around education to make certain there is a sustainable economy and the shared prosperity this this country. >> one of the things i want to do with you, you were talking with andrea off camera and i am glad you brought up the cold war point. history and a reminder of what that -- how frankly we were behind the times as a government when
Al Jazeera America
Dec 5, 2013 4:00pm EST
that it is working. more power to them. this is a capitalistic economy. and people have every right to demand a better wage, and earn a living. and be able to spend time with their families and on things they want to spend it on. >> ryan -- >> investing or -- >> i know we featured your restaurant your chain a few months ago, good to talk to you on al jazeera america, we appreciate your time. brian parker is the co founder of moo cluck moo. in other news now, secretary of state john kerry, made the rounds in the middle east today. he met with israeli is middle east leaders. he also tried to ease concerns to curb the nuclear program. >> let's talk to nick and he is in jerusalem for us, nick, good to see you again. there has been some reaction from the palestinians on this. >> . >> they do not want anything. i think the reason she has emphasissed israeli security. they want to talk about their state, and how lit be a viable continuous state. and the problem is that he is trying to do both at once, and he is clearly angry both sides at the same type. >> all right. nick and what's left? how much m
PBS
Dec 6, 2013 5:30pm PST
in germany the country's central bank has forecast even brighter days ahead for europe's biggest economy despite losing steam in the third quarter the bushes and has raised its projection german economy to grow as much as half a percent this year. in twenty fourteen it sees one point seven percent growth and that could rise to two percent in twenty fifty what is on president pointed to the country's low unemployment rates increased hiring and study. find out all the years went down on the markets returned to our reporter because i was. it stopped an optimistic outlook for the german economy from the united states is well positive data came in which shows that the recovery of the economy there is stronger than anticipated. contrary to the tenancy all week the market did not take this as an opportunity to be concerned about the potential he only on phasing out of the monetary stimulus by the center backs. nope the dax is up again and with it. the hopeful of the year end rally is back again which is the hope that stock prices hero will be rising with the end of the year. i am trying to say
CBS
Dec 6, 2013 6:30pm EST
recession. but what kind of jobs is the economy creating? an ice storm causes havoc in the middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. the south african government announced today that the state funeral for former president nelson mandela will be a week from sunday-- the culmination of days of memorial services. president obama will lead the u.s. delegation and he's invited the former american presidents to join him. mourners continued to gather today at mandela's home in johannrg died last night and at his former home in soweto. and for us, no one image captured his legacy better than this-- blacks and whites side by side honoring the father of a mu
CSPAN
Dec 5, 2013 7:00pm EST
at building a strong and growing economy which will benefit all our people. i would like to deal with a few matters in this regard. in support of sustainable economic growth and the macro- economic objectives of government, it will remain the primary objective of monetary policy to promote and maintain overall financial stability. the reserve bank has the important function of protecting the value of our currency and striving for relative price stability at all times. we are pleased that dr chris stals will continue to serve as governor of the reserve bank. [applause] the battle to reduce the rate of inflation will continue. the realisation of many of our objectives for a fair and equal treatment of all our people will not be possible unless we succeed in avoiding high inflation in the economy. we also face a major challenge in re-entering the global economy, while stable prices are vital to the restructuring of our industries and dealing with the critical issue of job- creation. we are blessed with a heritage of a sophisticated financial sector. our financial markets are well- placed to pl
FOX Business
Dec 6, 2013 3:00pm EST
. the economy generated 203,000 new jobs in november, and the unemployment rate fell to its lowest level if five years. the expectation was to see a build of about 180,000 jobs, so this, obviously, was much better than expected. look aa the market rally we have on our hands. investors apparently shrugging off concerns that the strong jobs number might hasten the fed's tapering of its bond-buying purchases. in the past that's concerned the markets, but look at the dow jones industrials. yes, it is up about 185 points, but earlier it gained some 200 points, the session highs. the first 200-point gain in about seven weeks. a similar story with the s&p 500. the s&p enjoying its biggest gain in four weeks. right now it's seeing a jump, pretty significant here of 19 points. just a minute ago it was up to, so it's -- up 20, so it's hovering at really strong levels here. general motors cruising to new highs it hasn't seen in more than five years. why? well, the new word is out that the automaker could ship an increased number of vehicles made in south korea, where are they shipping? to australia. so the
PBS
Dec 8, 2013 7:00pm PST
because the what the nazis and the sweet is that. the and that that the economy and to amend the deal positions as much or eat at the bottom that they cannot dismiss the government and they want the government to dismiss salam. action is very difficult to predict what had happened. you'll be sucked into the model not a situation thank you very much that the professor makes all negotiable. thank you. will the world new the french forces are now taking up positions in flashpoint areas of the central african republic. it's meant to help put an end to several days of sectarian violence. an estimated four hundred people dead and forced thousands to flee their heads the country's top catholic official today appealed for calm. he's urging christians in the country to end the cycle of vengeance against the country's muslims i kept silent on the tumble in the capital boogie is koda limits. tomorrow is our chicken of the crucial during the transitional government and mainstream presentation due to the heat out of the soldiers the ripples from the former coalition to help him go. president. what
ABC
Dec 8, 2013 8:00am PST
, the economy is coming back. so many americans left behind. we'll taken to debate of inequality and fair wages. and james carville and mary matalin join our roundtable. >>> and a once-in-a-lifetime interview with nelson mandela from our archives. >> they were very harsh. and then i responded to my colleagues that look, we must fight and fight from the beginning. >> his secrets to survival in our "sunday spotlight." [ daughter ] my dad always talks about the deal he and mom made with me when i was ten. he said, "you get the grades to go to college -- and we'll help out with the school of your choice." well, i got the grades and, with dad's planning and a lot of hard work, i'm graduating today with a degree in marine biology. i'm so thankful and excited about the future. [ male announcer ] for strategies on how to help your family achieve financial success, visit pacificlife.com. on how to help your family achieve financial success, every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy o
CNBC
Dec 9, 2013 9:00am EST
the transition to a new economy, where the federal reserve is not playing that much of a role, can happen. that's what bernanke told us what could happen. it would be amazing as a swan song if it does happen >>> speaking of the fed, front page of the business sentence, the first sentence of ben apple balm's fed piece. federal reserve officials are in no hurry to retreat. >> we're in a weird moment here. when i looked at the pan aklee of knees, not a lot of bad. not a lot of land mines. >> we had this conversation and promptly went down for a few days. >> true but the difference might be that the news flow is very positive this morning. it is indicative of the year. sisco buys a company, u.s. air. no one is thinking they will do that. here is a stock that's been stuck at 33. >> the other one is stuck, period. >> then, we have gilead and this is like apple with china mobile. this is the moment in time that people think, that's new. they create reasons to buy stocks. i was on the phone with somebody who was very big in p.c.s. this has really accelerated. >> p.c.s? >> yes. that's the reasoning behi
Bloomberg
Dec 9, 2013 12:00pm EST
and bonds. >> when you say low for longer, is that more a call on the economy or market or both? >> both. we think growth is going too slow for a longer time. we think the fed is going to keep monetary policy easy. short-term rates we think will remain where they are. longer term will budget up a bit. these are pretty high. we use a lot to choose out of that. we have a little bit more. we want to be a bit cautious for the longer-term right now. we want to make sure that people are using this diversification to understand that correlation may work against them. >> the rule next year will be a huge factor in how that plays out. we spoke with peter fisher as well. >> i think all over the world we see countries trying to make a handoff from monetary policy to fiscal policy. >> they would love to do that. >> they are trying to let go of the reins. they would like to not be the only game in town. that may be optimistic. i think we would like see fiscal policy pay a bigger role. they're trying to get a handoff to consumption of structural reform. central bankers are going to be important. they woul
Al Jazeera America
Dec 9, 2013 6:00am EST
are furious about the failure to sign a trade deal with eu and turn to moscow to save the economy. >> translator: i want a new government that listens to the people and doesn't treat us like animals. >> translator: we are here to fight for our rights and our kids are brought up in a good country without corruption and where everything is fair. >> reporter: the crisis here is reaching a crucial moment and he believes he can survive with moscow's help but they are ready for a long fight to achieve aims and i'm tim friend with al jazeera. >> leaders lack constitutional power to oust the government before the presidential election in 2015. a riot breaks out in singapore's little india district after an india national was struck and killed by a bus. crowds attached police and set cars on fire and dozens were injured and 27 people were arrested. it was singapore's first major riot in four decades. and the president of venezuela won half of the elections on sunday and held control in the oil city and the capitol caracas and inflation is 54% and power outages and shortages of necessiti
PBS
Dec 5, 2013 7:00am PST
is part of a wider strategy to develop the digital economy within the context of the eu twenty twenty strategy to build a sustainable knowledge based economy in europe. any piece of home being champions of the digital economy for the benefits it brings to the citizens they represent at the sbs there is a kurdish member of our. it's very significant to a proposal. sales are likely to go through ppp. specially i think we're close ups the coast in this development proposal on from the european and a commission specially not of course looks performance and publishers but it comes. of course you'll always be able to watch the ppt these digital content online wedding off. the city on a few days in a sixty eight to compete at any given. and instead often on the tv and be scammed by this time it's the vandalism of the cba china's white skin tightening money saved to get to speak. the white city of hope that those who have lost their sight. pity she didn't get the three hundred bc to compete against sun that he can apply for jobs in the private and sector. it's a nice pickup and its history t
CSPAN
Dec 6, 2013 6:00am EST
't create a pro-growth, pro-middle-class economy. and no less than the new pope has now started speaking out about this. when our country had a burgeoning middle class, it's because we had a shared prosperity. now what we're seeing is the opposite. >> can you tell us roughly how many members you have in detroit and how many have been illinois? >> i could if i -- i'm going to give you a paris-roubaix just. in detroit, we have come in detroit itself we have about three, 4000 members. in michigan we have about 15,000 -- i think about 15,000 members. and in illinois we have said probably somewhere around 40,000 members, maybe 50,000 members. [inaudible] >> 19,000 is the average retirement that somebody gets. and in wisconsin, the average retirement that a public employee gets around the country is about 24, $26,000 to the other thing, think about it, every time a retiree, every time someone spends a dollar of the pension, it creates about $2 change, i think $2.37 in economic output in making the. are we going have a pro-growth, pro-investment, pro-middle-class economy? are we going to keep havin
CNN
Dec 8, 2013 10:00am PST
karzai of afghanistan. >>> next, how to understand the booming american economy. i'll ask the man who presided over great growth and some critics charge also helped create many bubbles. former fed chair alan greenspan. and as we approach the first anniversary of the newtown massacre, what can the u.s. learn from other nations about gun policy? i'll take you to japan for a fascinating look at a nation that loves violent video games but has a gun death rate that is very different from america's. it's a preview of a "gps" special airing tonight at 7:00 p.m. eastern. >>> but first, here is my take. when nelson mandela was released from prison in 1990, i remember being struck by how old-f old-fashioned he seemed. he spoke with the language, kay dance and manner of figures from the 1940s and '50s. as someone who grew up in india he reminded me of the videos i had seen of mahut ma gandhi and nero. he had the same formal way of speaking and dressing, the same dignity of bearing, the same sense of history. and mandela really was a throwback to an older time of great leaders who through courage
Al Jazeera America
Dec 6, 2013 6:00pm EST
that must mean that the economy is getting stronger and the federal reserve will stop putting $85 billion in the economy, interest can go up and investors tend to sell stock. there is good news, the stock market goes up. this morning at 8:30 a.m. i'm watching these unemployment numbers. they were better than i thought they were going to be and the only thing i was certain of was that the stock market is going down and it closes up 200 oh points. it's a good thing that i'm m not worth my money today.ause >> there you go, boy are you worth your money on a dale lay basis. what the quality of jobs. >> we wanted the numbers. we want them above 125,000. we've been getting 159,000 per month. for the last two months we've been averaging 200,000 job created. once you have the raw numbers you to say what kind of jobs are these? if you are getting jobs that pay $.7 an hour, then people will need two of them. those positions paid as much as $26 an hour. that's the good news. better quality. but about 20% of the jobs came in the relatively low-wage sectors like retail, leisure and hospitality. we're s
MSNBC
Dec 9, 2013 9:00am PST
in our economy. >> joining me today, "washington post" columnist jonathan capehart, former white house press secretary and founding partner off-almost said founding father -- founding father and partner of inside agency robert gibbs, congressional reporter for buzz feed and political reporter and white house correspondent at the "huffington post" sam stein. we talked a lot about the pizza versus the pizza box. after the gop autopsy, the republican conviction they didn't actually need to change the product they were selling, they just needed to change the marketing. it's unbelievable me, the whole 47% thing clearly has not made a dent. nowhere do you see that in a more pronounced fashion than republican talking points on unemployment. >> largely, if you ask most members of the gop, 47% to them wasn't a gaffe, it's a belief. i heard it in debates i had with people all of last year before the tape was uncovered. i do think, look, this is one of those things that the republicans will either learn this the easy way or the hard way. i remember watching these debates about unemployment insura
PBS
Dec 5, 2013 6:00pm PST
funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: nelson mandela's death was formally announced late today by south africa's current president jacob zuma. he expressed the country's love and sense of loss for their iconic leader, often referred to, out of respect, by his clan name, madiba. >> our beloved mandela, thefounr democratic nation, has departed. he passed on peacefully, in the company of his family, around 2050, on the 5th of december, 2013. he is now resting. he is now at peace. is our nation has lost -- our nation has lost its greatest son. our people have lost a father. although we knew that this day would come, nothing can diminish our sen
CNN
Dec 6, 2013 6:00am PST
to that breaking news on the economy, americans are getting back to work, 203,000 jobs were added to payrolls in november, and the unemployment rate ticked two notches lower to 7%. that's the lowest unemployment rate in five years. our chief business correspondent christine romans is here to break down the numbers. better than expected, so should we feel absolutely completely good about this? >> i saw some broad-based strength in these numbers from warehousing to retail to transportation to construction so there's broad based health care as well, that's important here. carol, the trend, i always talk about the trend how important that is. you look at the last four months on average, 200,000 plus jobs over the last four months and carol we are on track this year for the most jobs created since 2005. we're on track for more than 2 million jobs created and that is a marked improvement from what we've seen in recent memory, so this is good news, a 7% unemployment rate is still good news. you'll hear people talk about their concerns about this underemployment rate, 13.2%, people who are unemployed
CNN
Dec 6, 2013 2:00pm PST
in jobs. does president obama deserve credit for improving the u.s. economy after a surprisingly strong employment report? i'm wolf blitzer. you're in "the situation room." >>> a ten-day mourning period is under way for one of the most influential leaders of our time. we're learning more about the final tributes to nelson mandela. stand by for that, and for my special conversation with the former president, bill clinton. he reveals a time when he and the south african president didn't see eye-to-eye but first, the breaking news we're following. >>> a brutal winter storm turns deadly. at least four people have been killed on icy roads in the southern u.s. we're seeing a dangerous mix of snow, sleet, freezing rain and bone-chilling cold, and it's creating hazardous conditions from texas to tennessee and beyond. now a one-two punch of weather misery is on the way, affecting both coasts from now through monday. we have team coverage beginning with our meteorologist jennifer gray at the cnn weather center. jennifer, what's going on? >> well, we are getting that one-two punch. we have this on
PBS
Dec 1, 2013 7:00pm PST
survive while allowing enormous damage to irreparable damage being done to done to the iranian economy. we've seen in the polls in the middle east north africa extended periods of sanctions that don't remove a regime of the puppy mill most damaging thing is done to the economy into the population larger than one thinks of a day or iraq for example within the regime could survive for much longer. but the regime using its own its longer term survival. and to achieve that i think the regime needs sanctions. and aviation before the damage this on the economy is becomes irreparable will never let us as happened in iraq. in how the state's key thing that they were in court and he is at the moment infection this time. growth is basically ignore that. so it seems pretty bad from the from the outside. it is extreme and out and given that the economy is very much driven bali government spending which is itself a function of government revenues to come from. crude oil exports limitations on crude exports stronger low economic growth is an open environment where you have a very large scale private sec
Al Jazeera America
Dec 7, 2013 3:00am EST
up with an agreement said to be worth $18 trillion for the international economy. >> it is so agreed. >> the deal was made in bali and indonesia, aimed at increasing global commerce and making it easier for poorer countries to do trade. >> for the first time in our history we have truly delivered. we have achieved something significant. people all around the world will benefit from the package delivered here today. >> here is what is it could mean. it's claimed it will create 21 million jobs, 18 million in developing countries and cut red removing the need for many taxes and bribes. the w.t.o. is trying to remove all subsidies. the deal means that some developing countries can keep them in they are needed to feed the poor. the results are yet to be seen. india is happy it can keep its subsidy. >> i view this as a victory for the farmers of india, for the farmers, for subsistence farmers of the entire developing country. there has also been a coalition of developing countries that along with its partners, with withstood all pressures. demonstrated solidarity and achieve this. >> the b
FOX News
Dec 6, 2013 2:00pm PST
this is the defining challenge of our time. making sure our economy works for every working american. that's why i ran for president. it was the center of last year's campaign. it drives everything i do in this office. >> so, how has the economy done since he's been in office? the top 1% incomes are up 31.4%. the bottom 99% grew only 4% between 2009 and 2012 it the top 1% earned 19.3 of all household income. in 2012, their largest share since 1977. we will have a raucous debate between bob and eric. i can feel it coming. >> and you now with that lead of yours. >> what is wrong with the top of that lead? >> that was a bunch of crap. because rich people got their tax breaks. until they finally got them put back in. when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the
FOX News
Dec 7, 2013 1:00am PST
the economy works for every working american. that's why i ran for president. it was the center of last year's campaign. it's everything i do in this office. >> so how has the economy done since he has been in office? the top 1% incomes are up 41.4%. the bottom 99% grew only 4% between 2009 and 2012. the top 1% irned 19.3 of all household incomes. their largest share since 1927. we're going to have a debate right here coming up between bob and eric. i can feel it coming. >> with that lead of yours. >> what was wrong with the top of that lead? >> that was a lot of crap. because the rich people got their tax breaks they finally got them put back in. rich people were getting big tax breaks. >> let me ask you this question. >> they're not is what you're trying to say? >> they took the tax breaks away. >> how do you explain the top 1% is outpacing by seven times -- >> how many years during obama's term did they have exactly what this is? >> believe it or not, president obama is wrong. he has widened the income gap but in a good way, bob. in a good way. one percentage going up 34% and 99% going up
MSNBC
Dec 8, 2013 11:00pm PST
're face ing this country. a big part of the economy also involves health care. what we don't know yet, despite the president's promises, is not only how the health care industry will respond but what big companies and small companies are doing to see that their best interests are served by all of this, and we can't see how that might play out by the end of his first term. terms of employment. yes, there are encouraging signs that unemployment is going down, but the middle class is still widely separated from the 1% at the top. we know we don't have the skill set in our economy. there is just another report this past week about where america stands when it comes to the rest of the world in terms of educational skills. we have a lot of work to be done. so these are decimal points we're talking about. it's not really dealing with the larger, big picture issue about the american economy. >> katty kay, a final point on this? the president talked about a higher wage hike this week, and it's just not going to happen. it's not going to happen if you look at the current political climate. so a
Bloomberg
Dec 6, 2013 5:00pm EST
constitutionalism, and the rule of law, open market economies, diversity, and non-racialism. >> i am extremely sad. it is tragic news. just remind it what an extraordinary and inspiring man nelson mandela was. my thoughts are with him and his family. >> i want to introduce you now to an ambassador who has dealt with nelson mandela in the past, the first woman u.s. ambassador to south africa, and the senior director for african affairs at the national security council, currently a distinct professor at carnegie mellon university and also the director of the carnegie center for international policy and innovation. ambassador, thank you so much for joining us. tell us about meeting nelson mandela in person and what it was like. >> i first met nelson mandela in 2001 at the white house in the oval office when he came to meet with president george walker bush. i was, of course, like everybody else in the white house, all inspired.-- awe- he was frail at the time, but he was a very straight up guy, very tall, a magnificent presence. and even though president bush, for instance, help him walk out to the r
Al Jazeera America
Dec 6, 2013 10:00am EST
weak global economy. >>> we're approaching the halfway mark on this news hour. still to come we'll speak to the man who spent years behind bars with nelson mandela. >>> and in sport we'll be live in brazil where the country's world cup preparations continue. [ technical difficulties ] >> sacrifice everything for what e considered to be the cause of the people -- of all of the oppressed people of the country. he had tremendous foresight not only for the people of south africa but for the world as well. he would put his personal concern at the back burner when he sees his first duty is for his former prisoners. he had problems -- i mean he had family, there were detentions, bannings and all of that. he never allowed that to interfere with what he considered to be his responsibility towards us. >> reporter: one characterist of many that matures on this island. they set out to break him here, but what happened was quite the reverse. one important stage in the making of a remarkable man. andrew simmons, al jazeera, robin island. >> let's hear from the a man who was a student leader
Al Jazeera America
Dec 7, 2013 6:00am EST
rate fell to a 5-year low and is at 7%. the economy gained more jobs than expected adding 2003 positions. they were low spread in high and low positions. mike viqueira has more from the white house. >> new unemployment figures are good from the white house. they've been waiting for this. whether or not 7% matters economicallily or to any people for millions out of work, and those who have given up looking for work, from a political standpoint it's good news for the obama generation. with unemployment insurance set to expire, the white house is stuck in an ironic situation. they are arguing for an extension. if growth is improved, it was announced thursday and friday down to 7% unemployment, the lowest in five years. the administration says that unemployment insurance has got to be extended. white house spokesman jay carney made the case on friday afternoon. >> the news we have today eenforces that we need to address the problem and extend unemployment insurance benefits to those individuals. this is a persistent problem. it would be terrible to do that to more than a million fa
CSPAN
Dec 5, 2013 9:00am EST
with stakeholders from all areas of our economy and with the administration and the courts to ensure an open, deliberative thoughtful process, we held several hearings and issued two public discussion drafts in may and september of this year which led to the formal introduction of the innovation act in october. i believe that it takes the necessary steps to address abusive patent litigation. abusive patent litigation is a drag on our economy. everyone from independent inventors to startups to mid and large-sized businesses face this constant threat. the tens of billions of dollars spent on settlements and litigation expenses associated with abusive patent suits represent truly wasted capital. wasted capital that could have been used to create new jobs, fund r&d and create new innovations and technologies that promote the progress of science and useful arts. and that's what innovation is really about, isn't it? if you're able to create something, invent something new and unique, then you should be allowed to sell your product, grow your business, hire more workers and live the american dream.
PBS
Dec 7, 2013 7:30am PST
the ukraine's economy was weak and i'm a joint force goal line kiwis in kiev for some poeple will meet at us about this meeting between the presents. well ukraine's on defiant president dixie on the color that stopped off in a softie for mason with his russian counterpart that in the region on the way back from a visit to china according to court after needed to ukraine's prime minister get a cut that was looking to secure all but cemented stronger economic ties with russia. what's been described as a writer cannot do up remains disagreements between the two countries in the areas of trade on to the economy not the ukrainian economy is struggling right now the country is heavily in debt on to beat struggling to pay some of it just goes to russia on the dignity of the cartridge was looking to try to kill some kind of detail on the front spots any media suggestions are many reports of that to kiev is on the brink of signing the customs union without russia alongside kazakhstan that a race that has been dismissed with russia said the topic wasn't even discussed but the debate of little consolat
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